While insurers' demand for long-term investments is a result of its core business, the
government policy and regulatory environment also plays an important role. Indeed,
government policy and regulation has an impact on how the industry makes its investment
decisions, as well as the types of products and the cost at which they are offered to Canadians.
It is important that, as policy and regulatory initiatives are developed and implemented, they
are supportive of the long-term investment market in Canada, including the unique
characteristics of the Canadian life and health insurance industry.
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